merger Archives - Telecoms Tech News

Satellite heavyweights SES and Intelsat to combine in $3.1B merger

Ryan Daws — Wed, 01 May 2024 11:27:34 +0000

Two of the commercial satellite industry’s biggest players are joining forces to fortify their position against the onslaught of emerging low-Earth orbit broadband constellations led by SpaceX’s Starlink network. In a $3.1 billion deal announced Tuesday, Luxembourg-based SES will acquire rival operator Intelsat—creating a combined fleet of around 100 satellites in geostationary orbit (GEO). The... Read more »

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CMA launches in-depth probe into Vodafone-Three UK merger

Ryan Daws — Thu, 04 Apr 2024 15:57:24 +0000

The UK’s Competition and Markets Authority (CMA) has confirmed it will conduct an in-depth Phase 2 investigation into the proposed merger between mobile operators Vodafone and Three. The competition watchdog had previously expressed concerns that the £11 billion ($13.92 billion) deal could lead to higher prices for consumers and reduced investment in Britain’s mobile networks.... Read more »

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CMA raises concerns about proposed Vodafone-Three merger

Ryan Daws — Fri, 22 Mar 2024 09:46:26 +0000

The Competition and Markets Authority (CMA) has expressed concerns over the proposed merger between Vodafone and Three, two of the UK’s four major mobile network operators. The regulator launched its initial Phase 1 investigation in January after the two companies announced a joint venture agreement last year that would combine their 27 million customers under... Read more »

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CMA launches Vodafone-Three merger investigation

Ryan Daws — Fri, 26 Jan 2024 16:13:07 +0000

The UK’s competition regulator has opened an in-depth investigation into Vodafone’s proposed merger with rival mobile network Three over concerns the deal could lead to higher bills for consumers. The Competition and Markets Authority (CMA) said it will assess whether combining two of the country’s biggest telecom providers will negatively impact competition and choice in... Read more »

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EchoStar completes $26B acquisition of DISH Network

Ryan Daws — Wed, 03 Jan 2024 17:06:00 +0000

EchoStar has announced the completion of its $26 billion acquisition of DISH Network. The deal combines two of the nation’s largest providers of satellite and wireless services into one telecoms giant. Under the terms of the agreement, DISH Network has become a wholly owned subsidiary of EchoStar. All outstanding shares of DISH Network’s common stock... Read more »

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SES ends Intelsat acquisition talks

Ryan Daws — Thu, 22 Jun 2023 09:58:53 +0000

SES has announced that it has ceased merger talks with Intelsat, ending plans for further consolidation in the satellite internet sector. The potential combination of the businesses, which was reported in March, would have created a significant player in the industry. According to Bloomberg, the transaction would have been valued at over $10 billion, including... Read more »

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Vodafone UK and Three to announce merger ‘Friday or early next week’

Ryan Daws — Wed, 07 Jun 2023 08:46:26 +0000

Vodafone and Three-owner CK Hutchison are expected to announce the merger of their British operations “as soon as Friday or early next week”. The report comes via Reuters which cited three sources familiar with the plans. According to the sources, the long-anticipated merger is now in its final stages. According to insiders, the structure of... Read more »

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Viasat completes Inmarsat acquisition

Ryan Daws — Thu, 01 Jun 2023 13:24:46 +0000

Viasat has successfully completed its acquisition of London-based Inmarsat, just a week after the Federal Communications Commission (FCC) dismissed a competition complaint filed by SpaceX. The significant merger brings together two organisations with complementary technology assets, resources, and capabilities, creating a global communications provider with an expanded portfolio of services. Mark Dankberg, Chairman and CEO... Read more »

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CMA approves Inmarsat-Viasat merger

Ryan Daws — Tue, 09 May 2023 16:34:59 +0000

The UK’s Competition and Markets Authority (CMA) has cleared the merger between satellite communications companies Viasat and Inmarsat after an extensive Phase 2 review. The deal had been referred for further investigation following a Phase 1 inquiry that identified concerns over its potential impact on competition. The CMA panel examined a range of evidence, including... Read more »

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Vodafone and Three prepare to announce merger

Ryan Daws — Thu, 04 May 2023 15:10:09 +0000

Vodafone and Three are close to agreeing on a merger of their UK telecoms businesses, creating the biggest mobile operator in the country. The deal is expected to be worth £15 billion ($19 billion) and will knock BT-owned EE from the top spot in terms of mobile subscribers. The merged company’s equity is valued at... Read more »

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